MIRA INFORM REPORT

Report Date :

02.05.2013

IDENTIFICATION DETAILS

Name :	PHANTOM HEALTHCARE PRIVATE LIMITED
Registered Office :	229, Hauz Rani, Malviya Nagar, New Delhi – 110 017
Country :	India
Date of Incorporation :	18.02.2011
Com. Reg. No.:	55-214392
Capital Investment / Paid-up Capital :	Rs.0.100 million
CIN No.: [Company Identification No.]	U24232DL2011PTC214392
Legal Form :	Private Limited Liability Company
Line of Business :	Indenting Agent and Trader of MRI and radiology systems. (Sales, Maintenance services, custom service agreements, co-op agreements, equipment installation and de-installations)
No. of Employees :	20 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ca (13)

RATING		STATUS	PROPOSED CREDIT LINE
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new company having a moderate track record. The management has failed to file its financials with the Government Department since its incorporation. Mr. Brijesh Suneja, Director has provided general information but denied to disclose any financial detail. However, business is active. Payment terms are unknown. The company can be considered for business dealings on a safe and secured trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Brijesh Arjun Dev Suneja
Designation :	Director
Contact No.:	91-9899112423
Date :	23.04.2013

LOCATIONS

Registered Office :	229, Hauz Rani, Malviya Nagar, New Delhi – 110 017, India
Tel. No.:	Not Available
Mobile No.:	91-9899112423 (Mr. Brijesh Suneja)
Fax No.:	Not Available
E-Mail :	sukhvinder_ca@yahoo.co.in info@phantonhalthcare.com
Website :	www.phantonhalthcare.com
Location :	Owned
Branch Office :	14/5, Mahindra Motor Compound, Near SRS Building, Main Matura Road, Faridabad – 201 301, Haryana, India
Tel. No.:	91-129-4312423

DIRECTORS

Name :

Mr. Brijesh Arjun Dev Suneja

Designation :

Director

Address :

229, Hauz Rani, Malviya Nagar, New Delhi – 110 017, India

Date of Birth/Age :

02.06.1981

Qualification :

B-Tec and MBA

Date of Appointment :

18.02.2011

DIN No.:

01637006

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U85195HR2007PTC044607	RADIMAGE TECHNOLOGIES PRIVATE LIMITED	Director	06-11-07	06-11-07	02-04-11	Active	NO
2	U85191DL2007PTC171240	NCR MRI AND DIAGNOSTICS PRIVATE LIMITED	Director	10-12-07	10-12-07	02-02-11	Active	NO
3	U73100DL2009PLC188848	C15 MRI IMAGING AND DIAGNOSTICS RESEARCH CENTRE LIMITED	Director	25-03-09	25-03-09	31-10-2012 -	Active	NO
4	U33125DL2010PLC202692	EVERX HEALTHCARE LIMITED	Director	14-05-10	14-05-10	-	Active	NO
5	U24232DL2011PTC214392	PHANTOM HEALTHCARE PRIVATE LIMITED	Director	18-02-11	18-02-11	-	Active	NO

Name :

Mrs. Rochi Ramesh Nargotra

Designation :

Director

Address :

H.No.1, Trikuta Nagar, Jammu – 180 012, Jammu and Kashmir, India

Date of Birth/Age :

12.07.1982

Date of Appointment :

18.02.2011

DIN No.:

02783226

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 02.02.2011

Names of Shareholders	No. of Shares
Brijesh Arjun Dev Suneja	5000
Rochi Ramesh Nargotra	5000
Total	10000

BUSINESS DETAILS

Line of Business :	Indenting Agent and Trader of MRI and radiology systems. (Sales, Maintenance services, custom service agreements, co-op agreements, equipment installation and de-installations)
Products/ Services :	· MRI Scan Systems MRI Parts MRI Accessories Services: Installation Services for MRI Scan Systems, CT Scanner, CT Scan Systems and MRI Scanner
Imports :
Products :	MRI and radiology systems
Countries :	Australia Japan Europe
Terms :
Selling :	Cash and Credit (30 days)
Purchasing :	Cash and Credit (30 days)

GENERAL INFORMATION

Customers :	End Users and Others
No. of Employees :	20 (Approximately)
Bankers :	HDFC Bank Limited, Faridabad – 121 003, Haryana, India

Banking Relations :	--
Auditors :	Not Divulged
Sister Concern Company :	Radimage Technologies Private Limited Address: Plot # 12/1, Mathura Road, Sector-27C, Faridabad – 121 003, Haryana, India Line of Business: Indenting Agent and Trader of MRI and radiology systems. (Sales, Maintenance services, custom service agreements, co-op agreements, equipment installation and de-installations)

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs.10/- each	Rs.0.500 million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 million

FINANCIAL DATA

[all figures are in Rupees Millions]

NOT DIVULGED

The above information has been declined by Mr. Brijesh Arjun Dev Suneja (Director).

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report (Yes / No)
1) Year of Establishment	Yes
2) Locality of the firm	Yes
3) Constitutions of the firm	Yes
4) Premises details	No
5) Type of Business	Yes
6) Line of Business	Yes
7) Promoter’s background	Yes
8) No. of employees	Yes
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last three years	No
12) Profitability for last three years	No
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	No
15) Capital in the business	Yes
16) Details of sister concerns	Yes
17) Major suppliers	No
18) Major customers	No
19) Payments terms	Yes
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter involved in	--
23) Banking Details	Yes
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	No
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	No
30) Major Shareholders, if available	Yes
31) Date of Birth of Proprietor/Partner/Director, if available	Yes
32) PAN of Proprietor/Partner/Director, if available	No
33) Voter ID No of Proprietor/Partner/Director, if available	No
34) External Agency Rating, if available	No

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.22
UK Pound	1	Rs.84.00
Euro	1	Rs.70.97

INFORMATION DETAILS

Information Gathered by :	PLK
Report Prepared by :	SMN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	1
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	1
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	1
--CREDIT LINES	1~10	2
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		13

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
-	NB	New Business	-

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.